CBDT chief Ravi Agrawal said on Monday that delays in Income Tax refunds are due to analysis of high-value or flagged claims.
The Income Tax Act, 2025, slated for implementation on April 1, aims to simplify tax compliance by overhauling return forms ...
Nearly every successful tax relief case will ultimately involve one or a combination of five distinct tax relief services.
The Income-Tax Department is analyzing wrongful deductions claimed in high-value refund cases, leading to delays. Legitimate payouts are expected by December, with low-value refunds already being ...
Before this CBDT rule change came to fruition, errors in ITR filings meant an absolute hassle: a lot of back and forth ...
Supreme Court Justice Amy Coney Barrett said it would be “a mess” if Donald Trump’s administration is forced to pay back ...
The Daily Overview on MSN
IRS faces huge tax backlog that could take 2 to 3 months to clear
The IRS is currently dealing with a significant backlog of tax returns and related processes, a situation that has arisen in ...
BRITS have received £48.5million back from HMRC after being overtaxed on their pension withdrawals. Over 13,700 claims worth ...
The College Investor on MSN
Where’s My State Tax Refund? Find Your Tax Refund By State
Key Points ・Federal tax refunds typically arrive within 21 days for e-filed returns with direct deposit. Check the Federal ...
Due to the uncertainty surrounding the government shutdown, New Yorkers are wondering if they will receive their inflation ...
Andhra Pradesh High Court rules GST's two-year limitation under Section 54 does not apply to refunds for tax mistakenly paid on exempt services, citing Article ...
HMRC are aiming to recruit over 5,000 compliance officers over the next five years. This will undoubtedly lead to a large increase in all types of tax ...
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